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Those figures, and others that will be used in this story, are in constant currency terms.

The company said its recent string of acquisitions - Xcel Wetsuits, Quiet Flight, Sector 9 and DaKine in the U.S. and Tigerlily in Australia - is coming to an end as the company believes its brand portfolio is largely complete. The next focus will be on integrating the new brands, finding synergies and growing the existing brands organically.

Billabong spent A$147 million on capital expenditures to take the South African operation in-house and buy Xcel, Tigerlily, Kirra Surf and Quiet Flight. That sum also helped pay for investment in company-owned retail stores.

On the retail front, Billabong said its company owned retail stores give Billabong the opportunity to present its brands where they are underrepresented.

"The group's own portfolio of brands is increasingly providing a compelling retail offer and the company continues to review further international retail opportunities as they arise," Billabong said in a statement.

The company also said international markets such as Japan, Canada, Brazil, South Africa and parts of Europe are becoming important revenue contributors.

Americas

Americas revenues: Grew 16 percent for the year to US$557.1 million. In the second half, revenue grew 18.6 percent.

EBITDA: grew 16 percent for the year to US$100.8 million.

Xcel: The newly acquired brand performed to expectations, the company said, and made a positive earnings per share contribution.

Quiet Flight was acquired just before the reporting period closed in June.

North American revenue: Up 15 percent

South American revenue: Up 29 percent.

Strong U.S. regions: West and East coasts. Hawaii remained challenging.